CIB: Model Development Manager
Remote Type: Hybrid
Location: Sandton
Time Type: Full Time
Posted On: Posted Yesterday
Time Left to Apply: End Date: November 22, 2024 (2 days left to apply)
Job Requisition ID: R-15969499
Empowering Africa’s tomorrow, together…one story at a time.
With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
Job Summary
Manage the development and continuous enhancement of Corporate and Investment Banking (CIB) regulatory credit capital models (PD, LGD and EAD), by playing a leading role in the entire credit risk model development, implementation, monitoring and governance lifecycle. Act as a senior technical advisor to junior quantitative analysts and Model Development analysts across the wider Model Risk and Development teams.
Job Description
Take ownership of the full end-to-end model development lifecycle (development, implementation and governance) of CIB regulatory credit capital models (PD, LGD and EAD), to meet relevant business as usual and project timelines.
Lead a team of modelling analysts, including mentoring, performance management, recruitment, talent management and succession planning.
Ensure that all activities and duties are carried out in full compliance with regulatory requirements, risk management frameworks and internal policies and standards, and manage risks and risk events relevant to the process.
Provide directional expertise to enhance model building skills across the team, transferring knowledge and experience to junior team members and peers, and keep up with industry trends to ensure increased capacity to build models.
Effectively manage stakeholders across different functions.
Education
Bachelor's Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)
Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.
Absa Bank Limited reserves the right not to make an appointment to the post as advertised.
About Us
Truly African
We are a diversified standalone African financial services group, delivering an integrated set of products and services across personal and business banking, corporate and investment banking, wealth, investment management and insurance.
Absa Group Limited is listed on the JSE and is one of Africa’s largest diversified financial services groups with a presence in 12 countries across the continent and around 41,000 employees.
We own majority stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, the Seychelles, South Africa, Tanzania (ABSA Bank in Tanzania and National Bank of Commerce), Uganda, and Zambia. We also have offices in China, Namibia, Nigeria, the United Kingdom and the United States of America, a Technology Hub in Prague, and insurance operations in Botswana, Kenya, Mozambique, South Africa, Tanzania and Zambia.
#J-18808-Ljbffr
